Check out the companies making headlines in premarket trading.
Tesla , General Motors -- Both carmaker stocks were climbing in premarket trading, with gains of 5.7% and 5%, respectively.
General Motors announced on Thursday plans to utilize Tesla's electric vehicle charging network, and said its vehicles will also utilize Tesla's North American Charging Standard port in its cars starting in 2025.
Nio — Shares of the electric vehicle company dipped 2% in premarket trading after it reported that vehicle sales decreased 0.2% year over year.
The company's vehicle margin and net loss also worsened year over year.
Persons:
Corning, Morgan Stanley, Wells, Sonoma, —, Macheel, Jesse Pound
Organizations:
Target Corp, General Motors, Adobe, Citi, Sonoma Pharmaceuticals
Locations:
Queens, New York, Europe, U.S